Fitch Revises Romania Outlook To Stable, Affirms 'BB+' Rating

Fitch Ratings revised Romania's outlook to stable from negative, while affirming the country's ratings, citing an improvement in external financial and economic conditions, the ratings agency said Tuesday. Fitch affirmed Romania's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB+' and 'BBB-' respectively. Romania's country ceiling and short-term foreign currency IDR are affirmed at 'BBB' and 'B' respectively…